443 SW 7th St

Newport, OR 97365

$597,500
Price
—
Beds
—
Baths
2,250 Sq. Ft.
$266 / Sq. Ft.
2,250
Sq. Ft.
$266
per Sq. Ft.
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Description

Rare four unit property in downtown Newport. Great space to increase your portfolio or owner occupied. Three units on the property, one stand alone 1 bed 1 bath house, a studio cottage, and duplex- 1 bed 1 bath (downstairs) and 2 bed 1 bath (upstairs). Interior updates on multiple units. Newer siding, roof, paint, plumbing and electrical. Individually metered. Tenants pay their own utilities. Close to downtown, shops and hospitals. Not approved for short term rental use.Rare four unit property in downtown Newport. Great space to increase your portfolio or owner occupied. Three units on the property, one stand alone 1 bed 1 bath house, a studio cottage, and duplex- 1 bed 1 bath (downstairs) and 2 bed 1 bath (upstairs). Interior updates on multiple units. Newer siding, roof, paint, plumbing and electrical. Individually metered. Tenants pay their own utilities. Close to downtown, shops and hospitals. Not approved for short term rental use.
  1. Listed by Katy Rosecrans • SMI Commercial Real Estate LLC

Property Details for 443 Southwest 7th Street

Parking Features
Driveway, On Street
Zoning
C1
View
City, Territorial
Garage Spaces
.00
Parking Total
4.00
LISTING UPDATED: 10/08/2025 12:05 AM

Property Details for 443 Southwest 7th Street

StatusActive
MLS #621075371
Days on Market80
Taxes$3,493 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1910
Lot Size0.12 AC / 5,227 SF
CountyLincoln County

Location

Listing Courtesy of SMI Commercial Real Estate LLC
Add your commute

Building Information for 443 Southwest 7th Street

Stories2Residences4Year Built1910Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$3,244 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,952

Property Taxes

$291

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 443 Southwest 7th Street

Summary
Location and General Information
  • Country: US
  • Directions: From SW Coast Hwy, W on SW Alder, N on SW 7th
  • Road Surface: Paved
School Information
  • Elementary School: Yaquina View
  • High School: Newport
  • Middle Or Junior School: Newport
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $3,493.00
  • Parcel Number: R14349
  • Tax Legal Description: Bayley & Case's 2nd Lot 11 Blk 55
Property
Lot Information
  • Acres: 0.12
  • Lot Description: Level, Public Road
  • Lot Size Square Feet: 5227.0
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1910
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Zoned
  • Hot Water Description: Electricity, Tank
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding, Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space, Finished
  • Foundation Details: Concrete Perimeter, Slab
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $58,620.00
  • Gross Rent Multiplier: $10.19
  • Investor Information: According To Owner, Rent Records
  • Net Income Actual: $55,126.00
  • Operating Expense: $3,494.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • SqFt Approximate Building Total: 2250
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 0
  • Unit Type 1 Features: Range, Refrigerator
  • Unit Type 1 Rent: $875
  • Unit Type 1 SqFt: 0.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Range, Refrigerator
  • Unit Type 2 Rent: $1,230
  • Unit Type 2 SqFt: 0.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Range, Refrigerator
  • Unit Type 3 Rent: $1,430
  • Unit Type 3 SqFt: 0.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Features: Range, Refrigerator
  • Unit Type 4 Rent: $1,350
  • Unit Type 4 SqFt: 0
  • Unit Type 4 UnitsTotal: 1

Property History for 443 Southwest 7th Street

DateEvent & SourcePriceAppreciation
Dec 5, 2016

Sold (Public Record)

Public Record #590449579

$199,500—
Dec 5, 2016

Sold (Public Record)

Public Record #591499364

$199,500—
DateEvent & SourcePrice
12/05/2016

Sold (Public Record)

Public Record #590449579

$199,500
12/05/2016

Sold (Public Record)

Public Record #591499364

$199,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 443 Southwest 7th Street

Taxable ValueLand-Additions-Total-
Tax Record2025$3,568 ($297 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,582 SqFtAbove Grade Finished SqFt1,088 SqFtFinished Basement SqFt494 SqFtUnfinished Basement SqFt100 SqFtStories1Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built1910ZoningC-1;COMMERCIACountyLINCOLNAPN11-11-08-BD-04301-00

Schools near 443 Southwest 7th Street

This home is within Lincoln County School District.
Rating
School
Type
Grades
Distance
Sam Case Elementary
Public - 3 to 5
Compass K-12 Online School
Public - K to 12
Newport High School
Public - 9 to 12
Sam Case Elementary School
Public - K to 2
Rating
School
Distance
Sam Case Elementary
Public3 to 5

Compass K-12 Online School
PublicK to 12

Newport High School
Public9 to 12

Sam Case Elementary School
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 443 Southwest 7th Street, Newport, OR 97365

443 Southwest 7th Street is a multi-family home for sale in Newport, OR 97365. This property was listed for sale on October 8, 2025 by SMI Commercial Real Estate LLC, it's currently listed at $597,500. It has been on the market for a total of 80 days and was last sold on December 5, 2016. This listing's school district is Lincoln County School District. Nearby schools include Sam Case Elementary, Compass K-12 Online School and Newport High School. 443 Southwest 7th Street is a 0-bed, 0-bath, 2,250 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SMI Commercial Real Estate LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Last updated: 10/08/2025 12:05 AM